Tuesday, September 24, 2013

Five Things To Do Before Launching Non-profit Organization


1. Write business plan: Know that non-profit organization is as same as for-profit organization except keeping the right balance between incomes and matching expenses. 

2. Legal requirements: Article of incorporation, bylaws, mission statements, and form 990 need to be filled and thought-out. This is to protect both the organization and its donors. Such legal documents need to be kept tidy for the future cases 

3. Write fundraising plan: This step is crucial before launching your non-profit to build proper funding for the stability of the organization's mission. Writing to various foundations is essential and here is the simple steps to start: http://nonprofit.about.com/od/fundraisingbasics/tp/basicfundraisingtips.htm

4. Build board members strategically: Selecting board members for your non-profit org's mission and keeping them interested by regular updates are key to sustain the vitality of your organization. Although board members do not work as staffs, there are many important contributions that they make for the organization. Here are the list of roles and responsibilities as board members: http://nonprofit.about.com/od/nonprofitboards/a/boardhub.htm

5. Don't worry too much: In any kind of works, over-planning and over-thinking get more side effects than benefits. Prepare as much as you can, but do not miss the timing to begin your organization to pursue your grand mission! 




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